Mergers and acquisitions
- Trucking
German 3PL DB Schenker buying USA Truck for $435 million
German logistics giant DB Schenker on Friday made a big move into the North American trucking market with a deal to acquire USA Truck.
Read More » - Rail
FMC commissioners want rail regulators to reject CP-KCS merger
Three commissioners of the Federal Maritime Commission contend a merger between Canadian Pacific and Kansas City Southern would result in diverting U.S.-bound intermodal traffic to…
Read More » - News
Angeles Equity Partners acquires majority stake in reefer carrier Freymiller
Freymiller was founded by Don Freymiller in 1968 in Wisconsin. Today the company operates out of Oklahoma City providing reefer services nationwide.
Read More » - News
Fastfrate acquires Challenger, becoming one of Canada’s biggest cross-border trucking operators
Canadian firm adds truckload carrier with big transborder presence
Read More » - Trucking
P.A.M. Transport buys New York carrier Metropolitan for $77.4 million in its first acquisition in 19 years
Truckload carrier P.A.M. Transport will acquire Metropolitan Trucking for $77.4 million, its first purchase in almost 20 years.
Read More » - Rail
Pan Am Railways is now part of CSX
CSX has completed its acquisition of New England short line Pan Am Railways. CSX first announced plans to acquire Pan Am in November 2020.
Read More » - Trucking
Heartland acquires dry van truckload carrier Smith Transport
Heartland Express made its first acquisition since 2019 with its purchase of Smith Transport, a Pennsylvania-based truckload carrier.
Read More » - Business
Meritor buying Siemens electric propulsion business
Meritor’s $201 million purchase of Siemens’ electric propulsion unit is fine with Meritor suitor Cummins.
Read More » - News
LGT Transport acquires Nebraska liquid fertilizer transporter
Omaha-based LGT Transport announced it has acquired Jason Thomas Trucking, a provider of liquid fertilizer transportation in the Midwest.
Read More » - News
FOSC chat: Using supply chain analysis for M&A
This FreightWaves Future of Supply Chain chat covers how Unilever considers supply chains, technology and growth in mergers and acquisitions.
Read More »
